Steelman Transportation Lease

Discussion in 'Lease Purchase Trucking Forum' started by buckshot150, Oct 27, 2021.

  1. buckshot150

    buckshot150 Bobtail Member

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    Dec 4, 2008
    Austin,Texas
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    I have searched for some post on Steelmans lease. Not a lot of info on here. Usually no news is good news. Just wanted to throw a new post and see if I could get some updated feed back. Got all my ducks in a row and should start on the 8th with them.
     
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  3. ibcalm19

    ibcalm19 Road Train Member

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    Nov 30, 2015
    Pennsylvania
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    Let's see if we can answer a few questions. Why are you signing on to do a lease purchase with Steelman? Is Steelman offering you a $1.27/mile to pull loads? What are your total expenses for the week? How many miles do you have to run a week to pay those lp expenses. How much are you left with to take home?
    If any company is offering you a $1.+ to pull freight as a lp at anytime you are being hoodwinked & bamboozled. When all said & done a company driver is doing way better than a lp driver. The math doesn't add up & the time you have to put in to try to make it. You will burn yourself out.

    During this time you can be a company driver making close to if not a 100k enjoying yourself. You can save your money depends on your position put your money away for 2 yrs & put your down payment on your "own" truck ride off in the sunset as you please.

    You can learn the business of trucking during that time & you will definitely learn not to hire yourself for a $1/mile. You will not overpay for a shiny long nose machine. When you do answer those questions above I hope you see you can do a lot better. I hope you do get your ducks in right order & take them to a better lake to swim in. All the best to you along your journey
     
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  4. buckshot150

    buckshot150 Bobtail Member

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    Dec 4, 2008
    Austin,Texas
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    Thank you for your comment, I have done a lease purchase for the last 11 years, drove since 1999. I say I have my ducks in a row. Some times I think I really don’t even know where my ducks are . The lease purchase I have been dealing with is a lot different than most. It has been pretty successful, just really curious about Steelmans. I am worried about the mileage pay vs percentage. Have a safe ride
     
  5. feldsforever

    feldsforever Road Train Member

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    If you have been happy for 11 years why change now? If your going to the per mile pay. Is it only loaded miles, can you self dispatch?
     
  6. buckshot150

    buckshot150 Bobtail Member

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    Dec 4, 2008
    Austin,Texas
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    I have been pulling mobile homes, just burnt out. I’m ready to get back to pulling flatbed. From what I hear, it is mileage pay for loaded and empty. Not self dispatch
     
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  7. scoobertdoo

    scoobertdoo Medium Load Member

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    Nov 11, 2020
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    They have lease purchase shanty shakers?
     
  8. buckshot150

    buckshot150 Bobtail Member

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    Dec 4, 2008
    Austin,Texas
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    Oh yeah. Almost all of them. Bennett Truck Transport, A&G transport, and Pinnacle
     
  9. scoobertdoo

    scoobertdoo Medium Load Member

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    LOL, I guess if you enjoy changing 50 tires a day?
     
  10. buckshot150

    buckshot150 Bobtail Member

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    Dec 4, 2008
    Austin,Texas
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    That is one thing I’m burnt out on. Haha
     
    Last edited: Oct 30, 2021
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